3.5 20-0669 Subject: Lease Of The Property Located At 9812 Bigge Street Oakland, Ca From: Economic & Workforce Development Department Recommendation: Adopt A Resolution Authorizing The City Administrator Or Designee To Negotiate And Execute A Lease Agreement Between The City, As Tenant, And The California Yards, LLC, As Landlord, For Landlord's Warehouse Located At 9812 Bigge Street For A Term Of Up To Five And A Half (5.5) Years At An Initial Rate Of Thirty Thousand And Twenty-Seven Dollars ($30,027.00) Per Month, Adjusted Annually To A Maximum Rate Of Forty-Five Thousand Three Hundred And Eleven Dollars ($45,311.00), For The Purpose Of Providing An Emergency Response Facility Consistent With The Federal Emergency Management Agency (FEMA) Urban Search And Rescue Unit (US&R) Grant Funds, And Terminable Upon A Twelve (12) Month Notice In The Event Of Inadequate Future Funding; On The October 6, 2020 City Council Agenda On Consent - City of Oakland

Meeting: *Rules & Legislation Committee on 2020-09-24 10:30 AM - Please See The Agenda To Participate In The Meeting

Meeting Time: September 24, 2020 at 10:30am PDT

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Agenda Item

3.5 20-0669 Subject: Lease Of The Property Located At 9812 Bigge Street Oakland, Ca From: Economic & Workforce Development Department Recommendation: Adopt A Resolution Authorizing The City Administrator Or Designee To Negotiate And Execute A Lease Agreement Between The City, As Tenant, And The California Yards, LLC, As Landlord, For Landlord's Warehouse Located At 9812 Bigge Street For A Term Of Up To Five And A Half (5.5) Years At An Initial Rate Of Thirty Thousand And Twenty-Seven Dollars ($30,027.00) Per Month, Adjusted Annually To A Maximum Rate Of Forty-Five Thousand Three Hundred And Eleven Dollars ($45,311.00), For The Purpose Of Providing An Emergency Response Facility Consistent With The Federal Emergency Management Agency (FEMA) Urban Search And Rescue Unit (US&R) Grant Funds, And Terminable Upon A Twelve (12) Month Notice In The Event Of Inadequate Future Funding; On The October 6, 2020 City Council Agenda On Consent